Alpari RU, the retail Forex broker servicing the Russian market, earlier today posted its operating metrics for February 2015, with the company obviously joining the raft of trading companies that recorded lower FX volumes in the second month of the year. Alpari's Forex volumes in Russia and the countries of the Commonwealth of Independent States…
Read moreOptionsCity Software, a multinational provider of electronic trading solutions, today announced the full launch of its modular trading platform, Metro NOW. As fans of options and futures trading know, the Metro platform is the flagship product of OptionsCity, whereas Metro NOW is the latest development in this series. The new platform offers professional traders, financial…
Read moreFXCM Inc (NYSE:FXCM), a giant in the retail Forex industry, announced today that Rakuten Securities, Inc., a subsidiary of Rakuten Inc (TYO:4755), will acquire its Japanese operations in a deal worth approximately $62 million. The definitive agreement has been reached amid FXCM Holdings, LLC and FXCM Newco, LLC (“FXCM”) and Rakuten. The deal will see…
Read moreThe Financial Conduct Authority (FCA) has earlier today issued a warning regarding unauthorized Forex broker GMT Markets Limited. The company, which offers its services via www.gmtmarkets.com, gives two contact addresses in the UK: 1) Universal house, 88-94 Wentworth st. London, E17SA, UK; and 2) Hackwood Building, 14 Hackwood Street, Robertsbridge, East Sussex, TN32 5ER. At…
Read moreApril 1st seems to be a landmark date for UK financial regulation – in 2013, the first day of April saw the Financial Conduct Authority and the Prudential Regulation Authority appear. This year the date also will have particular significance for the financial services sector, for the payments industry in particular. The Payment Systems Regulator…
Read moreLCG today announces that Dr. Charles Poncet, non-executive director, has been appointed as non-executive chairman of the Company and that Mr. Charles-Henri Sabet, currently executive chairman, will assume the role of Group chief executive officer
Read moreLondon Capital Group Holdings plc (LON:LCG), provider of CFD trading and spread betting services, today posted its financial metrics for the final quarter and full year 2014. Although the results themselves were not that robust, with profits and revenues staging an year-on-year drop, the company's management stroke an optimistic note about the fortunes of the…
Read moreNews analytics and market reporting has become a valuable service within retail platforms recently. The addition of the Alliance News Professional service on Protrader means that banks and brokers can offer news to their clients right out of the box
Read moreFraudulent schemes have reached new highs and the latest example in this respect comes with regard to insolvent retail Forex broker Alpari UK. The ill-fated company, which has more than 100,000 clients still waiting to get their funds back, had subsidiaries in several other jurisdictions, including Japan and China. Clients of Alpari's Chinese business are…
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